Deswell Industries (DSWL) Gross Margin (2009 - 2026)
Deswell Industries' (DSWL) quarterly Gross Margin came in at 21.11% in Q1 2026, up 20.0% on a YoY basis from 17.59% in Q1 2025, and up 0.98% quarter-over-quarter from 20.9% in Q1 2025.
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Deswell Industries (DSWL) Gross Margin (2009 - 2026) Analysis & Trends
Deswell Industries (DSWL) has reported Gross Margin for 18 consecutive years, with 21.11% the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 20.0% year-over-year to 21.11%; the trailing twelve-month figure through Mar 2026 stood at 19.94% (up 134.0% YoY), and the FY2026 full-year result was 22.37%, up 219.0% from the prior year.
- Gross Margin grew to 21.11% in Q1 2026 per DSWL's latest filing, from 20.9% in the prior quarter.
- Across five years, Gross Margin topped out at 21.11% in Q1 2026 and bottomed at 16.48% in Q1 2022.
- Historically, Gross Margin has averaged 19.29% across 5 years, with a median of 20.67% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 388 bps in 2022, then surged 338 bps in 2024.
- Over 5 years, Gross Margin stood at 16.48% in 2022, then gained by 5 bps to 17.29% in 2023, then advanced by 20 bps to 20.67% in 2024, then grew by 1 bps to 20.9% in 2025, then advanced by 1 bps to 21.11% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 21.11%, 20.9%, and 20.67% for Q1 2026, Q1 2025, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.12 Bn | 38.28 Bn | 747.00 Mn | 9.42% |
| 2 | Celestica | 38.26 Bn | 37.72 Bn | 577.50 Mn | 12.29% |
| 3 | Jabil | 32.78 Bn | 31.42 Bn | 828.00 Mn | 9.46% |
| 4 | Fabrinet | 14.94 Bn | 14.06 Bn | 158.05 Mn | 12.01% |
| 5 | Ttm Technologies | 12.95 Bn | 12.43 Bn | 211.86 Mn | 21.10% |
| 6 | Sanmina | 11.12 Bn | 9.28 Bn | 363.31 Mn | 10.49% |
| 7 | Plexus | 6.61 Bn | 6.29 Bn | 131.38 Mn | 10.07% |
| 8 | Benchmark Electronics | 2.66 Bn | 2.34 Bn | 78.40 Mn | 10.37% |
| 9 | Kimball Electronics | 611.30 Mn | 522.37 Mn | 32.95 Mn | 8.87% |
| 10 | Deswell Industries | 49.20 Mn | -1.74 Mn | 5.93 Mn | 21.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 21.11% |
| Mar 31, 2025 | 20.90% |
| Mar 31, 2024 | 20.67% |
| Mar 31, 2023 | 17.29% |
| Mar 31, 2022 | 16.48% |
| Mar 31, 2021 | 20.35% |
| Mar 31, 2020 | 19.24% |
| Mar 31, 2019 | 17.24% |
| Mar 31, 2018 | 12.60% |
| Mar 31, 2017 | 18.85% |
| Mar 31, 2016 | 12.86% |
| Dec 31, 2015 | 11.33% |
| Sep 30, 2015 | 10.80% |
| Jun 30, 2015 | 6.79% |
| Mar 31, 2015 | 11.49% |
| Dec 31, 2014 | 8.69% |
| Sep 30, 2014 | 6.82% |
| Jun 30, 2014 | 9.69% |
| Mar 31, 2014 | 2.51% |
| Dec 31, 2013 | 10.51% |